FROM THE MAYOR GingerNelson
There are many reasons to be proud of Amarillo. Amarillo has a diverse economy with strong employment numbers. Amarillo has a successful professional sports team. Amarillo is a city which celebrates the arts and welcomes people from all walks of life and di erent cultures into the community. All of these attributes are reasons to be proud of Amarillo.
The past year has added another reason to be proud of your city – and no one could have predicted the historic event that sparked the reason for this pride in who and what we are as a community.
The COVID-19 pandemic changed the nation and the entire world – and Amarillo is no exception. We began working from home and kept our children home from school. Many of our businesses struggled economically. Many in our city became sick – and tragically we lost family members, friends and loved ones to a terrible virus.
However, when progress is possible, Amarillo becomes a leader. The Amarillo community responds when unity, compassion and dedication are most needed. The most telling example of Amarillo pride is the COVID-19 vaccination walk-in clinic at the Amarillo Civic Center. Employees of the Amarillo Public Health Department, along with employees of the Amarillo Civic Center, transformed an entertainment/events center into a massive public health clinic – and did so in a matter of days.
Amarillo’s public health clinic for the COVID-19 vaccine has become a model of e ciency and reliability for other cities to emulate. Amarillo’s public health clinic is arguably the best in the state of Texas – if not the nation. Amarillo administered its 100,000th vaccine in March 2021 – almost exactly a year to the date of the city’s first confirmed positive test for COVID-19 on March 18, 2020. I applaud our many dedicated health care professionals in Amarillo who are working tirelessly to provide this life-saving vaccine to our community. And I thank the thousands who have come to the Amarillo Civic Center to receive the vaccine. It is also because of your patience, understanding and cooperation that this public health clinic is so successful.
The past year has seen sadness, division and frustration on a global scale. Amarillo responded as it has so many times in the past by embracing a solution – and unifying when a sense of community and togetherness was most needed.
I am proud to be from Amarillo.
POPULATION: 208,945 (estimated)
CAPITA PERSONAL INCOME: $49,893
PUBLIC SAFETY:
Annual police services
Annual fire services
Number of fire stations
Number of fire hydrants
PHYSICAL:
Miles of streets
Number of street lights
Signalized intersections
Miles of storm sewers
AIRPORT:
Number of airlines
Scheduled daily flights
Annual passengers
The government-wide financial statements are designed to provide readers with a broad overview of the finances of the city in a manner similar to a private-sector business.
The statement of net position presents information on all of the city's assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the di erence reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the city is improving or deteriorating.
The statement of activities presents information showing how the City's net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash
flows. Thus, revenues and expenses are reported in this statement for some items that will not result in cash flows until future fiscal periods (e.g., uncollected taxes). The change in net position is not reported here, but is the di erence of total revenues and total expense. This year net position increased by $44,525,287. Revenues increased overall mainly due to an increase in grant revenues in response to the COVID-19 pandemic as well as strong Water and Sewer and Sanitation revenues. Citywide expenses decreased over the prior year with the largest decrease in Culture & Recreation and Water and Sewer. During 2019/20, the City implemented several measures to reduce spending due to the uncertainty of the ongoing COVID-19 pandemic. These measures included the following: implementing a hiring freeze for open positions, cancelled or postponed seasonal programs and the deferral of planned large capital expenditures, among other items.
CITYWIDE NET POSITION (in thousands)
Charges for Services
Operating Grants & Contributions
Capital Grants & Contributions
Property Taxes
Sales Taxes
Other Taxes
Investment Earnings
Insurance Recovery/ Cost
(in
$152,230 47,119 17,443 55,360 59,785 22,569 4,276 20 $146,450 25,567 18,455 51,111 59,176 24,763 8,166 6,613 $153,721 24,235 20,217 49,135 57,404 25,459 4,457 -
Total $358,802 $340,301 $334,628
CITYWIDE EXPENSES (in thousands)
3,203 14,617 $16,005 106,934 23,374 29,071 17,489 5,666 15,154 3,997 5,364 62,223 2,959 14,581
4,455 5,735
$302,817
Governmental PAFR Information
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES & CHANGES IN FUND BALANCE
REVENUES FYE 9/30/2020 FYE 9/30/2019
Taxes
License & Permits
Interfund Revenues
Intergovernmental Revenues
Citizen Contributions
Charges for Services
Fines & Forfeitures
Investment Earnings
Other Rentals & Commissions
Miscellaneous
Total Revenues
EXPENDITURES
General Government
Sta Services
Public Safety & Health
Streets, Tra c, & Engineering
Culture & Recreation
Solid Waste
Transit
Information Technology
Economic Development/Tourism
Capital Outlay
Total Expenditures
$131,185,901 3,875,490 1,284,850 16,318,692 510,535 37,107,624 3,261,667 908,657 803,091 161,281 $195,417,788
$129,047,685 3,534,174 1,879,045 4,902,180 78,098 36,460,898 4,443,011 1,424,731 609,697 281,290 $182,660,809
DEFINITIONS
Net position represents the City’s assets less liabilities.
Net investment in capital assets consists of capital assets, net of accumulated depreciation, reduced by the outstanding balances of borrowings attributable to the acquisition, construction or improvement of those assets.
Restricted net position consists of restricted assets reduced by liabilities and deferred inflows of resources related to those assets. For 2020, this category consists of $8.2 million restricted for debt service, $2.3 million for Tax Increment Financing and $22.5 million restricted for other purposes such as grants.
Unrestricted net position is the remaining net position of the City after subtracting net investment in capital assets and restricted net position.
$4,693,933 10,476,501 94,830,450 15,027,982 18,539,037 16,279,660 4,847,793 4,469,708 2,371,536 218,660 $171,755,260
$4,658,071 11,017,616 92,812,710 15,691,637 22,343,311 16,558,568 5,380,196 4,454,886 2,607,820 197,126 $175,721,941
Excess of Revenues Over Expenditures $23,662,528 $6,938,868
Charges for services represent fees paid by individuals, businesses, or other governments that purchase, use or directly benefit from the goods and services the City provides. For 2020, the largest items in this category include $84 million for water and wastewater charges, $23 million in solid waste charges, $6 million in drainage utility charges and $10 million in airport charges.
OTHER FINANCING
SOURCES
(USES)
Transfers In Transfers Out
Net Change in Fund Balance
FUND BALANCE - BEGINNING
FUND BALANCE - ENDING
$211,791 (5,043,278)
$18,831,041
$45,231,483
($2,855,712
$48,087,195
$45,231,483
$64,062,524 $250,064 (10,044,644)
Operating grants and contributions are grants and contributions that may be used to finance the regular operations of the City. This category saw a large increase related to grants the City received in response to the ongoing COVID-19 Pandemic.
Capital grants and contributions involve a capital asset of the City and may not be used for operating purposes.
FUND FINANCIAL STATEMENTS:
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the City can be divided into three categories: government funds, proprietary funds, and fiduciary funds. This report presents only the operating statements of the general fund, the water and sewer fund, the drainage utility fund and the airport fund. For information on the other funds, as well as more detailed information on the funds presented here, a copy of the City’s Comprehensive Annual Financial Report may be obtained from the Finance Department at the Amarillo City Hall, 601 S Buchanan St, Amarillo, TX 79101 or online at www.amarillo.gov.
GOVERNMENT FUNDS:
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Accordingly, these statements do not reflect capital assets or long-term debt, and they report capital outlay as opposed to depreciation and report proceeds and principal reductions of long-term debt as sources and expenditures which increase or decrease fund balance. Such statements are useful in evaluating a government's near-term financial requirements.
Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar infor¬mation presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government's near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.
In addition to a general fund, the City maintains special revenue funds, two debt service funds, 10 capital projects funds and one permanent fund. Included in this special publication is the general fund statement of revenues, expenditures and changes in fund balance with comparative data from fiscal year ending September 30, 2019. Largest of the City’s funds, the general fund accounts for the majority of the City services, including police, fire, street maintenance, solid waste collection and disposal, tra c, parks, library, transit and administrative services.
General fund revenues increased over the previous fiscal year. Sales tax increased slightly, even in the midst of the COVID-19 pandemic, coming in at $59.79 million- an increase of approximately $0.61 million. The City saw a decrease in net hotel occupancy tax revenue in 2019/20, recording approximately $5.43 million, down from $7.21 million. This was due to the decrease of tourism and events caused by the ongoing COVID-19 pandemic. The City saw increased property tax collections of $48.83 million versus $45.11 million during 2018/19 due to increased appraised values in the City limits and a slight increase in the tax rate for operations and maintenance. The largest increase was in intergovernmental revenue which includes grant revenue from state and federal agencies. This increase was due to an increase in grants received in response to the ongoing COVID-19 pandemic.
Utilities
WATER & SEWER
STATEMENT OF REVENUES, EXPENSES & CHANGES IN NET POSITION
OPERATING REVENUES FYE 9/30/2020 FYE 9/30/2019
Utility Sales and Service
Tap Fees and Frontage Charges
Rents and Miscellaneous
Total Operating Revenues
OPERATING EXPENSES
Salaries, Wages and Fringe Benefits
Supplies
Fuel and Power
Contractual Services
Water Authority Charges
Other Charges
Depreciation
Total Operating Expenses
Operating Income
$83,280,330 331,639 (291,299)
$83,320,670
$14,123,864 1,687,910 3,573,897 6,666,801 4,348,316 12,308,265
$74,684,864 430,966 (83,919)
$75,031,911
DEFINITIONS
Fund balance is the net position of a governmental fund (di erence between assets and liabilities).
Capital outlay represents the acquisition or contraction of capital assets in the governmental funds. For governmental fund accounting, capital assets are expensed when purchased or constructed through the line item capital outlay.
Other financing sources (uses) represent increases (decreases) in the fund balances of a governmental fund other than revenue (expenditures). Examples include transfers between funds within the City bond proceeds.
Depreciation is the allocation of the cost of using a capital asset over the assets estimated useful life.
Capital contributions are funds and/or assets contributed to the City specifically for the acquisition, construction or improvement of capital assets.
NONOPERATING REVENUES (EXPENSES) NUMBER OF
Total Nonoperating Revenues (Expenses)
Income before Contributions and Transfers
Capital Contributions
Net Transfers from (to) Other Funds
Change in Net Position
NET POSITION - BEGINNING OF YEAR
PRIOR PERIOD ADJUSTMENT
NET POSITION - BEGINNING OF YEAR (restated)
NET POSITION- END OF YEAR
469,436,087469,436,087 $494,194,996
462,429,987 32,600 462,462,587 $469,436,087
Utility Billing Department Mobile Billing Unit
The City of Amarillo is always looking for ways to improve the customer service experience. The City of Amarillo (COA) Utility Billing Department opened a Utility Billing Mobile Unit in March 2021. The Mobile Billing Unit, which will be utilized in various locations throughout the city, allows customers the convenience of paying a water bill without leaving their vehicle. The Mobile Billing Unit features a drive-thru window and two walk-up windows. In addition, the mobile unit is available from 7:30 a.m. to 4:30 p.m. Monday through Friday. The walk-up window option features full customer service capability - this includes starting, transferring and/or closing utility services, in addition to setting up payment arrangements, etc. The Mobile Billing Unit is just one of several options for customers, including in-person payments, online payments and automatic bank account withdrawal.
DRAINAGE & UTILITY FUND
STATEMENT OF REVENUES, EXPENSES & CHANGES IN NET POSITION
OPERATING REVENUES FYE 9/30/2020 FYE 9/30/2019
Drainage Utility Assesments
Forfeited Discounts
Total Operating Revenues
OPERATING EXPENSES
Salaries, Wages, and Fringe Benefits
Supplies
Contractual Services
Other Charges
Depreciation
Total Operating Expenses
Operating Income (Loss)
Total Nonoperating Revenues (Expenses)
Income (loss) before Contributions and Transfers
Capital Contributions
Net Transfers from (to) Other Funds
Change in Net Position
NET POSITION - BEGINNING OF YEAR
PRIOR PERIOD ADJUSTMENT
NET POSITION - BEGINNING OF YEAR (restated)
NET POSITION- END OF YEAR
$6,220,367 119,444
$6,339,811
$1,124,934
$5,481,632 100,547
$5,582,179
$1,295,842 144,769 882,488 475,056 165,056 2,963,211 2,618,968 (25,666) 2,593,302 508,440 111,710 3,213,452 17,260,087 (31) 17,260,056
$20,473,508
PROPRIETARY FUNDS:
The City maintains three di erent types of proprietary funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City uses enterprise funds to account for its water and sewer system, the drainage utility system and for its international airport.
Internal service funds are an accounting device used to accumulate and allocate costs internally among governmental entity’s various functions. The City uses internal service funds to account for its fleet vehicles, its management information system, and its general and employee health self-insured programs.
Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The water and sewer fund, drainage utility fund, and the airport fund statements of revenues, expenditures and changes in net position are presented in this special publication with comparative data from fiscal year ending September 30, 2020.
Building a New Legacy: State-of-the-Art Facility Replaces Historic Pool
The City of Amarillo is replacing a piece of the city’s history with a state-of-the-art facility that will reinvigorate the entire community.
Thompson Park Pool opened in 1931, making it one of the oldest (if not the oldest) public pools in the Amarillo area. The number of people who enjoyed Thompson Park Pool for nearly a century is immeasurable as the pool became an Amarillo tradition.
Thompson Park Pool underwent three significant renovation projects during its nearly 90 years of operation. Due primarily to its age and structural issues which led to safety concerns, Thompson Park Pool was closed in December 2018.
However, the legacy of Thompson Park Pool remains – and will continue far into the future.
Following months of research, Amarillo City Council approved $7.9 million in certificates of obligation bonds in May of 2020 to fund a new Thompson Park Pool. A groundbreaking ceremony was held in September 2020, with the grand opening of the new pool scheduled for Memorial Day 2021.
The new Thompson Park Pool – built near the site of the original – will be a modern, multi-use facility that will build on and improve the legacy of the original pool that was a staple of Amarillo.
The new Thompson Park Pool includes a lazy river (with a capacity of 220 people), cabanas and a main pool area large enough for 400 people. The new facility includes slides, a concession/restroom building, a pump-house building, a new parking lot, sidewalks, planting and irrigation. The facility also includes areas for a rotating gallery of public art - one outside the main entrance and the other one at the lazy river.
The new Thompson Park Pool will be one of the largest public pools of its kind in the Texas Panhandle.
Airport
AIRPORT FUND
STATEMENT
OF REVENUES, EXPENSES & CHANGES IN NET POSITION
OPERATING REVENUES FYE 9/30/2020 FYE 9/30/2019
Airfield Fees and Commissions
Terminal Building Revenue
Other Building Revenue
Total Operating Revenues
OPERATING EXPENSES
Salaries, Wages, and Fringe Benefits
Supplies
Fuel and Power
Other Contractual
Other Charges
Depreciation
Total Operating Expenses
Operating Income
Total Nonoperating Revenues (Expenses)
Net loss before Contributions and Transfers
Capital Contributions
Net Transfers from (to) Other Funds
Change in Net Position
NET POSITION - BEGINNING OF YEAR
PRIOR PERIOD ADJUSTMENT
NET POSITION - BEGINNING OF YEAR (restated)
NET POSITION- END OF YEAR
$823,735 6,087,449 1,674,401
$8,585,585
$3,603,178 569,784 428,620 1,561,221 2,858,394
14,773,136 (6,187,551) 7,909,350 1,721,799 1,132,167 (200) 2,853,766 84,414,79484,414,794 $87,268,560
PACE Program:
$894,784 8,020,295 1,741,376
$10,656,455
$3,627,273 525,439 512,020 1,731,353 2,970,139 5,267,590 14,633,814 (3,977,359) 4,452,530 475,171 3,815,1684,290,339 79,405,616 718,839
80,124,455
$84,414,794
TX-PACE (Texas Commercial Property Assessed Clean Energy) is a proven financial tool that enables Texas property owners to upgrade facility infrastructure with little or no upfront capital outlay. The program is designed so that owners lower their operating costs and pay for eligible improvements with the savings generated- taking advantage of a ordable, long-term financing. TX-PACE can be used to pay for new heating and cooling systems, lighting improvements, solar panels, water pumps, insulation and more for existing properties – including commercial, industrial, agricultural, nonprofit and multifamily.
Owners gain access to private, a ordable, long-term (typically 10-20 years) financing that is not available through traditional funding avenues.
The Amarillo City Council approved the PACE program for use in the city limits and extraterritorial jurisdiction (ETJ). There are no City of Amarillo funds involved in this program, as projects are funded by private dollars where property owners interested in the program select their own capital provider.
A New Ride for Amarillo City TransitFree of Charge
Amarillo City Transit (ACT) got a new and exciting look this past summer, while at the same time providing more convenient – and free - public transportation across the city.
ACT unveiled its new team of buses – modern vehicles with easyaccess ramps for all riders and camera security systems.
In addition to the new buses, ACT is using the One Ride mobile app, which allows riders to view the approximate locations of ACT buses, making it easier to plan travel on public transportation. The unique app was designed in collaboration with West Texas A&M University, the Texas Department of Transportation and the Panhandle Regional Planning Commission.
ACT will continue to provide free transportation for all customers through at least October of 2021.
In October 2020, Council members approved the use of CARES Act funds to purchase 10 new small transit vehicles for Spec Trans service for individuals with disabilities to be delivered in March 2021.
Employment
PRINCIPAL EMPLOYERS
S&P GLOBAL RATING
Amarillo continues to receive a AAA debt rating from Standard & Poor’s rating service on general obligation debt, water and sewer revenue bond debt and drainage utility debt. AAA is the highest rating which allows the City to enjoy favorable interest rates on the issuance of debt.
UNEMPLOYMENT RATES
GAAP NOTICE
While this presentation does not conform to Generally Accepted Accounting Principles (GAAP), the purpose of these statements is to provide the citizen with a selection of the information contained within the City’s Comprehensive Annual Financial Report. Component unit information has been excluded from this presentation in order to focus on the primary government. The City’s accounting policies do conform to GAAP as set forth by the Governmental Accounting Standards Board. The City’s separately prepared and audited Comprehensive Annual Financial Report o ers a complete description of the City’s significant accounting policies and other disclosures required by GAAP, as well as a more detailed analysis of the City’s financial position. A copy of the Comprehensive Annual Financial Report can be obtained at the Finance Department at the Amarillo City Hall (601 S. Buchanan) or on the City website at http://bit.ly/COAFinancialInformation for a downloadable PDF file.
MAYOR AND CITY COUNCIL
Ginger Nelson, Mayor
Elaine Hays, Place 1
Freda Powell, Place 2
Eddy Sauer, Place 3
Howard Smith, Place 4
CITY MANAGEMENT
Jared Miller, City Manager
Kevin Starbuck, Deputy City Manager
Floyd Hartman, Assistant City Manager
Laura Storrs, Assistant City Manager
CITY OFFICIALS
Martin Birkenfeld, Chief of Police
Rich Gagnon, Information Technology Director
Jonathan Gresham, Director of Utilities
Frances Hibbs, City Secretary
Michael Kashuba, Director of Parks & Recreation
Valerie Kuhnert, City Auditor
Donny Hooper, Director of Public Works
Jason Mays, Fire Chief
Bryan McWilliams, City Attorney
Debbie Reid, Director of Finance
Jordan Schupbach, Director of Public Communications
(806) 378-4209
laura.storrs@amarillo.gov 601 S. Buchanan Amarillo, Texas 79101
Fax (806) 378-9394
City TDD (806) 378-4229
